The L.A.B. Sports Facility, LLC | Application Preview
The L.A.B. Sports Facility, LLC is seeking government grants to cover owed rent and utilities while ensuring employee compensation. Their business plan focuses on maintaining high-quality products and services while fostering a growth-oriented company culture. A key initiative is the introduction of an educational component that complements their existing athletic training, aimed at providing a supportive environment for youth of all backgrounds.
The facility's mission is to offer accessible physical, emotional, and educational opportunities through sports, specifically basketball. By prioritizing youth education and character development, the business aspires to make a positive impact on communities globally. They acknowledge competitors like OGP, Veritas, and Precision academies but emphasize their unique position as the first onsite educational sports academy, blending academics with athletics and nutrition, among other features.
Their commitment includes securing funding for scholarships and ensuring that their services remain affordable, thus providing equitable access regardless of financial circumstances. This innovative approach positions The L.A.B. as a leader in youth sports education and community engagement.
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General Information
Business Registration Number: 833187445
Location: Rancho Palos Verdes, CA, United States
Length of Operation: 4
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
I would pay back owed rent and utilities, have funds for employee pay.
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Business Plan
I plan to continue to provide an excellent standard of products, services, and customer service, and create a company culture that will help the company thrive with a growth mindset. We will be adding a school.educational component to the facility that will pair nicely with athletics training we currently offer. The idea is to provide a healthy physical, emotional, and educational option for all youth regardless of social economic status. Will work to open these up around the country within the next 5 years. Our purpose of providing a healthy physical, emotional, and educational option for all youth regardless of social economic status is one shared around the world using many mediums. Out medium, is sports, basketball to be specific, with an approach like no other. We put the kids and their education, along with their character building first, through the language of sport and affordable to all. Investing in myself and my team and vision will help many people across the globe approach the business of teaching youth sports and education with a sense of heavy responsibility to help the youth become positive, educated, and influential members of their communities.
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Self Identified Competition
If we look at just the recreation side of things, our top competitors are OGP, Veritas and Precision academies. They are competitors in the sense that they also have facilities where some of the similar sports services are provided. The Lab is going to be the first onsite educational sports academy that offers education, high school sports, nutrition. character building, and many other attributes and offerings unmatched by any other facility around. The beauty of it all is that the work we do on the back end to raise funds, set up scholarships, etc, will make this wonderful service available to all regardless of their current financial situation.
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Contact Applicant
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